Yung-Yu Ma, Ph.D. email: yym209@lehigh.edu Business Address Lehigh University, Perella Department of Finance 621 Taylor Street Bethlehem, PA 18015 (O) 610-758-2919 January 2015 PERSONAL INFORMATION Citizenship: U.S.A. Native English speaker with exceptional fluency in Mandarin Chinese (highest level in every section of the Center for Applied Linguistics Chinese Proficiency Test) ACADEMIC POSITIONS Lehigh University, Bethlehem, PA Assistant Professor of Finance 2009 to Present Awards: Staub Faculty Excellence Award, 2014 Voted on by a panel of professors and students based on students written letters Awarded annually to one faculty member in the business school EDUCATION University of Utah, Salt Lake City, UT 2004 to 2009 Ph.D. in Finance Degree received in August 2009 Committee: Elizabeth Tashjian (Chair), Mike Lemmon, Hank Bessembinder, Marlene Plumlee, Mike Cooper Awards: Marriner Eccles Fellowship (2008), Runner-up Business School Ph.D. Teaching Award (2008) Portland State University, Portland, OR 2002 to 2004 Courses in the MS program in financial analysis, math, and accounting Distinctions: Graduate Research Assistant, Dean s Council Williams College, Williamstown, MA 1989 to 1993 BA in Economics and Political Science (double major) Distinctions: Magna Cum Laude, Dickerson Scholar (academic scholarship), Annual Literary Prize for Outstanding Publication RESEARCH INTERESTS Financial Distress and Corporate Bankruptcy and Restructuring Mergers and Acquisitions Market Microstructure
TEACHING INTERESTS Investments, Corporate Finance, Financial Distress and Bankruptcy PUBLISHED PAPERS (Refereed) Acquisitions in Bankruptcy: 363 sales versus plan sales and the existence of fire sales with Anne Anderson American Bankruptcy Institute Law Journal, 2014. Vol. 22(1), p. 1 34 (Lead Article) Computerization of the Equity, Foreign Exchange, Derivatives, and Fixed Income Markets with Laura Cardella, Jia Hao, and Ivalina Kalcheva Financial Review, 2014. Vol. 49(2), p. 231 243. PAPERS UNDER REVIEW Executory Contracts and Chapter 11 Restructuring Incentives with Elizabeth Tashjian. Under review at the Journal of Empirical Legal Studies. Presented at the Tenth Circuit Conference on Bankruptcy in Salt Lake City (2012) Presented at the Eastern Finance Association Conference (April, 2014) Presented at the Conference on Empirical Legal Studies at U.C. Berkeley (Nov., 2014) WORKING PAPERS Financial and economic distress and restructuring heterogeneity in Chapter 11 with Mike Lemmon and Elizabeth Tashjian Accepted at the 2008 FMA Doctoral Student Consortium, Dallas, TX Presented at the 2008 FMA Doctoral Student Special Session, Dallas, TX Presented at the 2009 Western Finance Association Meeting, San Diego, CA Presented at the Singapore International Conference on Finance, 2009 Notable Citations: 2013 Oxford Handbook of Corporate Governance Journal of Finance citation SSRN top tend downloads for multiple weeks Bankruptcy Restructuring and Recidivism with Mike Lemmon and Elizabeth Tashjian Presented at Villanova University in April 2011 Presented at National Chengchi University in June 2011 Presented at the FMA Annual Conference in Atlanta in October 2012 Firm unionization and bankruptcy restructuring with Mike Lemmon and Elizabeth Tashjian Presented at the Eastern Finance Association Conference, 2014 Reputation and Asymmetric Information in a Dealer Market with Paul Brockman Presented at Lehigh University, 2013 Presented at University of Missouri, 2014 Presented at Australian National University, 2014 2
WORKS IN PROGRESS Risk Taking and Female Directors with Corinne Post Chief Restructuring Officers with Anne Anderson Firms Seeking Buyers with Joshua Fairbanks and Ryan Whitby Firm Restructuring and Political Connectedness with Mike Cooper and Alexei Ovtchinnikov PRESENTATIONS Financial Management Association (presentation, 2014) Empirical Legal Studies Conference (co-author presentation, 2014) University of Missouri (co-author presentation, 2014) Eastern Finance Association (presentation, 2014) Lehigh University (2 presentations, 2013) Financial Management Association Conference (presentation, 2012) Mid-Atlantic Region Conference in Finance (discussant, 2012) Tenth Circuit Conference on Bankruptcy (co-author presentation, 2012) National Chengchi University, Taiwan (presentation, 2011) Villanova University (presentation, 2011) Financial Management Association (discussant, 2010) Western Finance Association Meeting (presentation, 2009) NYAFF Conference (discussant, 2009) Singapore International Conference on Finance (co-author presentation, 2009) Lehigh University (presentation, 2008) University of Missouri (presentation, 2008) Clemson University (presentation, 2008) FMA Doctoral Consortium (doctoral consortium and doctoral student session, 2008) Eastern Finance Association (discussant, 2007) University of Utah (presentations in 2006, 2007, 2008) AD-HOC REVIEWER Journal of Financial and Quantitative Analysis Asia-Pacific Journal of Financial Studies Financial Review Journal of Empirical Legal Studies Media Citations Philadelphia Inquirer (2011) trends in personal bankruptcy Wall Street Journal (2009) research on corporate bankruptcy Maclean s (2009) research on corporate bankruptcy 3
TEACHING EXPERIENCE Lehigh University Course: Investments, Fin 323 (5-point scale) Answer to Question 1: Overall, the instructor s teaching was effective Question: Overall, the Mean Score Median Score instructor s teaching was effective Fall 2014 (avg. of 2 sections) 4.90 out of 5 5 out of 5 Spring 2014 (avg. of 2 sections) 4.93 out of 5 5 out of 5 Fall 2013 (avg. of 2 sections) 4.96 out of 5 5 out of 5 Spring 2013 (avg. of 2 sections) 4.84 out of 5 5 out of 5 Fall 2012 (avg. of 4 sections) 4.88 out of 5 5 out of 5 Spring 2012 (avg. of 4 sections) 4.62 out of 5 5 out of 5 Fall 2011 (avg. of 3 sections, 4.64 out of 5 5 out of 5 including one MBA section) Spring 2011 (avg. of 4 sections) 4.92 out of 5 5 out of 5 Fall 2010 (avg. of 4 sections) 4.83 out of 5 5 out of 5 Spring 2010 (avg. of 3 sections) 4.87 out of 5 5 out of 5 Fall 2009 (avg. of 4 sections) 4.57 out of 5 5 out of 5 University of Utah Course: Intermediate Investments Score Summer 2007, Composite Score 5.44 (of 6) SERVICE Staub Award Selection Committee (2014 to Present) Peller Award Selection Committee (2014 to Present) Finance Club Faculty Advisor (2012 to Present) CBE Representative to the COE (2012 to Present) Advisor to Finance Majors (2010 to Present) ComCAAR Committee (2013 to 2014) Lunch Retreats (founding coordinator, 2011 to 2012) Wall Street Council (session moderator, 2009, 2010, 2011, 2012, 2014) Senior Open House (2014) Lehigh Life Day (finance department representative, 2011) New Faculty Orientation Panel (2011) MBA Open House (2011) Department Recruiting (2010, 2011) Search Committee for Associate Dean of Advising (2010) AFFILIATIONS/ MEMBERSHIP American Finance Association, Financial Management Association, Beta Gamma Sigma, American Bankruptcy Institute 4
WORK EXPERIENCE Smurfit-Stone Packaging Solutions Taiwan Country Manager and China Sales Manager Andersen Consulting (now Accenture, NYSE: ACN), Greater China Strategy Group Associate (promoted from Analyst in 1997) China Trade and Services, LLC Analyst Chinese University of Hong Kong Teaching Fellow Chicago Board of Trade, Economic Analysis Dept. Intern Shearson, Lehman, Hutton Intern 1998 to 1999 Taipei, Taiwan 1996 to 1998 Greater China 1994 to 1995 Wilmette, IL 1993 to 1994 Hong Kong Summer 1991 Chicago, IL Summer 1990 Rock Island, IL References Hank Bessembinder Presidential Professor of Finance Mike Lemmon Marlene Plumlee Associate Professor of Accounting, David Eccles Faculty Fellow Elizabeth Tashjian (Chair) Associate Professor of Finance finhb@business.utah.edu phone: (801) 581-8268 finmll@business.utah.edu phone: (801) 585-5210 marlene.plumlee@business.utah.edu phone: (801) 581-3397 elizabeth.tashjian@business.utah.edu phone: (801) 585-3212 5